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Type | Private |
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Industry | Retail |
Founded | 2007 |
Founder | Greg Chait |
Headquarters | , |
Products | Luxury goods |
Website | elder-statesman.com |
The Elder Statesman is a luxury clothing, fashion and lifestyle brand based in Los Angeles founded in 2007 by Greg Chait.
Founder Greg Chait was inspired by the gift of a cashmere blanket in 2002 to pursue a niche market. [1] After he made some cashmere blankets for himself, Maxfield in Los Angeles sold some of his samples and requested more product. [1] The brand was founded in 2007 and expanded into a West Hollywood appointment-only studio in 2011. [2]
As of 2011, the brand's clothing lines were carried in stores such as Barneys New York. [2]
As of 2014, the brand was known for its knitwear, was carried in stores worldwide, had 25 employees and had relocated to a Culver City factory. [3] In June 2014, the company opened up an online store. [4] The brand is expected to open its first store in Los Angeles in late 2014. [5]
Chait had previously been chief executive officer of niche Australian denim brand Ksubi. [3] In December 2011, Justin Doss of GQ selected The Elder Statesman as his editor's pick. [6]
In 2012, founder Greg Chait was recognized with the $300,000 CFDA/ Vogue Fashion Fund Award. [7]
During New York Fashion Week in February 2014, the brand was featured in The Wall Street Journal for its unique artistic installation of its cashmere line. [8] The brand is known for its intricacy, quality, and limited quantity of supply. [9]
In March 2014, The Elder Statesman received a minority-stake equity investment from "cult luxury jewellery [sic] and accessories brand Chrome Hearts". [3] In September 2014, the brand partnered with private plane charter company XOJet to provide its customers with various luxury wares. [10]
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